I'm currently on standard variable with EDF. Over the last 12 months the bill has totalled £2055.93. (inc 5% VAT) Elec 27.89p per kWh S/C 58.32p per day Gas 7.92p per kWh S/C 36.68p per day
EDF are suggesting changing to a fixed tariff. They are offering:
Simply Tracker Sep27v3 (Expires 1/10/27) - Estimated annual bill £2,373.52 Elec 27.95p per kWh S/C 49.56p per day Gas 8.61p per kWh S/C 30.63p per day
Simply Fixed 2Yr Oct28v2 (Expires 1/11/28) - Estimated annual bill £2,422.19 Elec 27.93p per kWh S/C 56.41 per day Gas 8.60p per kWh S/C 7.48p per day
Simply Fixed Oct27 (Expires 1/11/27) - Estimated annual bill £2,602.26 Elec 29.71p per kWh S/C 47.81p per day Gas 9.92p per kWh S/C 29.16p per day
(The estimated annual bills for the fixed tariffs include elec at 0% VAT and gas at 5% VAT. EDF base my annual usage figures as follows: Elec - 3,091 kWh Gas - 14,139 kWh)
The price cap will increase 4% tomorrow, and now they expect another 20% in January. Adding another 25% to my current bill brings it close to the estimated bills of the fixed tariffs, so is it worth bothering? No doubt there are other suppliers with cheaper tariffs based on having a smart meter, and paying by DD, but I'm sure that EDF have those too.
Can anyone explain why the standing charge changes across tariffs? Aren't those costs behind those charges more-or-less fixed?